Well, let's see....why is the stock at 11 today. It seems high...
O.K...the stock was at 11 for ages and ages two years ago. At that time they had nothing but ideas and money in the bank.
After that they went back up to 17, on nothing but ideas of more ideas with money in the bank.
Then, if you will look, on the day they hit 17 they announced to all holding--me for one--that unfortunately they had just discovered that they couldn't make a single penny selling anything for at least 2 years--1998.
It is now l998, they have product, they are selling and developing tons more and Motorola is not in trouble with Magicap, which originally took them down.
The stock has held steady at 11 now for a month. It "dipped" to a constant low of near l0 l/2 for a few days.
Good grief. Even I can answer that, so it is rather elementary logic.
If I was in your shoes and enterested, I would get in now and figure the least you will get, like Ray called so well, is 10 1/2--and now I'm not sure of that.
11 l/2 has been my sole source of interest. That's why I've followed it. This is a constant now, why are you so surprised? I don't understand it. |
